| The renewed weakness in global commodity prices is obviously a concern for producers, but the current pessimism looks overdone, says Capital Economics. Key commodity prices - notably oil and copper - have been slipping over the past weeks, pulled down by worries about China's growth and as chances grow that the US Federal Reserve will start lifting US rates in December, which has strengthened the greenback and in turn weighed on commodities.
The falls have been sufficient to drag the most closely watched commodity indices down to their lowest levels in more than 10 year, falling below the troughs seen during the global financial crisis of 2008 and 2009...............................................Full Article: Source
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